BitPay Partners with 3dcart, Giving 16,000 Online Merchants the Ability to Accept Bitcoin - GoFuckYourself.com

halfpint · 08-07-2013, 01:48 PM

In a strategic move that could more than double the number of bitcoin merchants on its roster, BitPay has announced a partnership with 3dcart, a well-established eCommerce platform for online store owners. 3dcart CTO Jimmy Rodriguez recognizes the growing demand and popularity of bitcoin and was attracted to the simplicity and ease of use that BitPay brings to bitcoin:

?Bitcoins are quickly becoming a popular form of payment online and BitPay simplifies it for internet retailers that want to offer it as a payment alternative, without the need of a deep understanding on Bitcoins. The built-in BitPay integration is one of the flag features of the new 3dcart 6.0 version.?

- Jimmy Rodriguez, CTO of 3dcart

http://btcbible.com/bitpay-partners-with-3dcart/

adultmobile · 08-07-2013, 04:32 PM

OP, you are the new Frank?

Never heard of 3d cart, seems used by (many?) small businesses:

http://www.3dcart.com/clients.htm
http://www.3dcart.com/ecommerce-case-studies.html

AsianDivaGirlsWebDude · 08-07-2013, 04:44 PM

At least post an interesting press release.

Like this one:

Quote:

Add another entry to the list of milestones digital currency Bitcoin has reached this year: its first Ponzi-scheme case.

The Securities and Exchange Commission announced charges Tuesday against a Texas man for allegedly defrauding investors using Bitcoin. The SEC says 30-year-old Trendon Shavers of McKinney, Tx., took to the Internet to raise more than 700,000 bitcoins from investors between September 2011 and September 2012, a sum worth about $4.6 million based on the average daily value of the digital currency during that period.

According to the complaint, Shavers promised investors up to 7% in interest per week, but in fact was using funds from new investors to pay out the promised returns. He is also accused of converting roughly $147,000 worth of bitcoins to cover personal expenses including rent, food and gambling.

An SEC spokesman said the case was the first the agency has handled involving Bitcoin.

"Fraudsters are not beyond the reach of the SEC just because they use Bitcoin or another virtual currency to mislead investors and violate the federal securities laws," Andrew Calamari, director of the SEC's New York office, said in a statement.

Shavers could not be reached for comment, and the SEC said he had yet to retain a defense lawyer.

Ironically, investors who had simply bought and held bitcoins during the period the alleged Ponzi scheme was in operation would have made a killing. While one bitcoin was worth about $6.56 on average between September 2011 and September 2012, they were valued Tuesday at $95.30 each.

Bitcoin is a four-year-old digital currency developed by a hacker who still remains anonymous. It's designed to allow worldwide payments with extremely low processing costs.

Demand for the currency surged earlier this year, pushing its value as high as $266 per bitcoin, following the unprecedented financial rescue in Cyprus in which the government raided bank deposits in excess of 100,000 euros. The move sparked fears that government-issued currencies in other countries could also be at risk, pushing many to seek a safe haven with Bitcoin.

The SEC issued an investor alert Tuesday warning of scams involving virtual currencies.
Fraudsters may plan scams using virtual currencies because they "supposedly have greater privacy benefits and less regulatory oversight than transactions in conventional currencies," the agency said. It noted that all securities investments in the U.S. fall under SEC jurisdiction regardless of whether they're made in U.S. dollars or virtual currencies.

ADG

halfpint · 08-07-2013, 04:52 PM

Quote:

Originally Posted by adultmobile

OP, you are the new Frank?

Never heard of 3d cart, seems used by (many?) small businesses:

http://www.3dcart.com/clients.htm
http://www.3dcart.com/ecommerce-case-studies.html

Haha I think Bitcoin has a real chance of becoming an accepted online currency both in adult and mainstream and I wish more adult sites would take this on board because it will stop things like CC fraud and chargebacks.

halfpint · 08-07-2013, 04:53 PM

Quote:

Originally Posted by AsianDivaGirlsWebDude

At least post an interesting press release.

Like this one:

ADG

Ohh i posted that one a few weeks back it was on the bitcoin forum and made a lot of bitcoiners very happy indeed

halfpint · 08-07-2013, 05:22 PM

Quote:

Originally Posted by adultmobile

OP, you are the new Frank?

Never heard of 3d cart, seems used by (many?) small businesses:

http://www.3dcart.com/clients.htm
http://www.3dcart.com/ecommerce-case-studies.html

They have some pretty big clients like http://www.coffeebean.com/ and the New York Times

Check this out

http://blog.3dcart.com/3dcarts-inaug...-huge-success/

In addition to our partners from Avalara, we would also like to extend a special thank you to our friends at PayPal, V.me by Visa, 4-Tell, Canada Post and Shipworks for all of their support. Oh, and not to mention our incredible e-merchants at The New York Times, Old Time Candy, Alex Orthopedic, Modern Man Bags, NaughtyArt, WaterFilters.net and American RV Company. Our experience at IRCE wouldn?t have been the same without them, and we couldn?t be more excited about the incredible industry advancements we?ll be making together in the coming months.

- Jesus Christ - · 08-07-2013, 05:38 PM

In other news criminal statists are setting themselves up to try and take a cut.
http://www.theverge.com/2013/8/7/459...district-court

NinjaSteve · 08-08-2013, 03:57 AM

Bitpay just allows people to accept bitcoins. However the "new to bitcoin" people or the ones that have 0 can't purchase easily. I think that's the major problem that needs to be solved. Wire is the safest way for bitcoin sellers. But the best way for merchants is to have a seamless integration for them to buy bitcoins with instant bank transfer or credit card (won't happen because of CB). So far all I have found is coinbase but it's not easily trusted I don't think.

adultmobile · 08-08-2013, 08:33 AM

Quote:

Originally Posted by NinjaSteve

Bitpay just allows people to accept bitcoins. However the "new to bitcoin" people or the ones that have 0 can't purchase easily. I think that's the major problem that needs to be solved.

Yes to accept bitcoin is super easy with services like BitPay. But the only guys having bitcoins to spend are a few hackers, hardware geeks, poker players, and drug traders. Whoever is not one of hacker, gambler or drug trader, if got bitcoins, is an "investor": will just trade them like forex as a way to bet and invest, but not use to buy services.

What I noticed is that several guys do not want to use credit card, not only for fraud fear, but also to hide definitely (to wife or others) they accessed porn - in our case, cams, could be a major issue in case of wifes, I mean to be caught dealing with real girl rather than wank on picture. With bitcoin they may feel "anonymously" paying, and so no one able to tell they spent in porn or virtual affair. Some are using those UKash and Paysafecard vouchers, I see that popular (via Epoch) to paranoids. In fact it is easier to buy a voucher in local shops and enter its code online, than buy bitcoins and use them, I mean prepaid vouchers are already more usable (and popular) than bitcoin.

Quote:

Originally Posted by halfpint

because it will stop things like CC fraud and chargebacks.

Yes the sale is final = no chargeback it appeals a lot. As a program we waste considerable time double checking all the sales and still some will chargeback (friendly fraud: it was cardholder to buy, but he will claim to bank "it was not me"... this can't be forecasted as ip address, cardholder et all is real). I was going to add "and no visa/mc fees", but if bitcoin drops 20% value in a few days, that's more than the fee or even the worst biller. You could say "but if it goes up..."... well not everyone like things going up and down, is a psychological paranoia for many, they will resist the bitcoin (and whatever volatile coin) use.

08-07-2013, 01:48 PM	#1
halfpint GFY's Halfpint Industry Role: Join Date: Jun 2007 Location: UK Posts: 15,223	BitPay Partners with 3dcart, Giving 16,000 Online Merchants the Ability to Accept Bitcoin In a strategic move that could more than double the number of bitcoin merchants on its roster, BitPay has announced a partnership with 3dcart, a well-established eCommerce platform for online store owners. 3dcart CTO Jimmy Rodriguez recognizes the growing demand and popularity of bitcoin and was attracted to the simplicity and ease of use that BitPay brings to bitcoin: ?Bitcoins are quickly becoming a popular form of payment online and BitPay simplifies it for internet retailers that want to offer it as a payment alternative, without the need of a deep understanding on Bitcoins. The built-in BitPay integration is one of the flag features of the new 3dcart 6.0 version.? - Jimmy Rodriguez, CTO of 3dcart http://btcbible.com/bitpay-partners-with-3dcart/ __________________ Get FREE website listings on Cryptocoinshops.net

08-07-2013, 04:32 PM	#2
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	OP, you are the new Frank? Never heard of 3d cart, seems used by (many?) small businesses: http://www.3dcart.com/clients.htm http://www.3dcart.com/ecommerce-case-studies.html __________________ TubeCamGirl.com

08-07-2013, 05:38 PM	#7
- Jesus Christ - Confirmed User Industry Role: Join Date: Mar 2003 Location: ::::::::::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: ::::::\|\|\|\|\|\|\|\|\|\|\|\|:::::: :::::::::::\|\|::::::::::: :::::::::::\|\|::::::::::: :::::::::::::::::::::::: Posts: 7,197	In other news criminal statists are setting themselves up to try and take a cut. http://www.theverge.com/2013/8/7/459...district-court __________________ Amen

08-08-2013, 03:57 AM	#8
NinjaSteve Too lazy to set a custom title Industry Role: Join Date: Dec 2003 Posts: 11,089	Bitpay just allows people to accept bitcoins. However the "new to bitcoin" people or the ones that have 0 can't purchase easily. I think that's the major problem that needs to be solved. Wire is the safest way for bitcoin sellers. But the best way for merchants is to have a seamless integration for them to buy bitcoins with instant bank transfer or credit card (won't happen because of CB). So far all I have found is coinbase but it's not easily trusted I don't think. __________________ ...